Substituted Taxes. If any non-Real Estate Taxes are imposed against the Landlord in substitution for any Real Estate Taxes, then the substituted tax shall be considered a Real Estate Tax. Conversely, if any additional Real Estate Taxes are imposed in substitution for any non-Real Estate Taxes (that are not Substituted Taxes) they shall not be considered Real Estate Taxes.
Appears in 5 contracts
Samples: Office Lease Agreement (North State Bancorp), Lease (Bancshares of Florida Inc), Lease (Bancshares of Florida Inc)
Substituted Taxes. If any non-Real Estate Taxes are imposed against Landlord or the Landlord Building in substitution for any Real Estate Taxes, then the substituted tax shall be considered a Real Estate Tax. Conversely, if any additional Real Estate Taxes are imposed in substitution for any non-Real Estate Taxes (that are not Substituted Taxes) they shall not be considered Real Estate Taxes.
Appears in 1 contract
Samples: Lease Agreement (Blackboard Inc)
